Loading
Refined Metals In Europe: Stable Premiums Amid Price Volatility And Weak Physical Demand
Spot premiums for refined nickel in Europe showed surprising stability in the week ended Tuesday February 3, despite strong price fluctuations on the London Metal Exchange (LME). The three-month nickel contract closed at $17,447 per tonne, down from $18,169 per tonne...
Venezuela, The Return Of Mining Interest Between Political Transition And Largely Untapped Resources
Venezuela hosts a wide range of mineral resources, which have remained largely unexplored for decades due to limited investment and political instability. Today, as the country goes through a potential phase of political transition, interest in mining activities,...
Trafigura Wins $500 Million Nickel Case: UK Court Confirms Large-Scale Fraud
The global trading house Trafigura has obtained a key legal victory in the long-running court battle against Prateek Gupta, a Dubai-based businessman, and his trading companies, closing a dispute worth around $500 million linked to a large-scale nickel fraud scheme....
Stainless Steel Prices Fall In China: Weak Demand And Lower Futures Weigh On The Market
During the week ended Wednesday February 4, stainless steel prices in China declined in both the domestic and export markets, affected by progressively weakening end-user demand and by falls in stainless steel and nickel futures values. Producers and traders reported...